large very unusual bidding attempt, page-5

AYT will delist and hold to maturity "subject to no superior proposals".

40 saw the above too nic. expecting ine to get to 19.9% (currently about 12% with todays purchases ?) and then request an egm. i do not see any resistance what so ever from encumbent directors. i note today too that challenger was the big offloader to ine. i doubt that would not have been done without a phone call preceding.

all for an interesting few weeks. off to blighty sunday and will likely be out of touch for 12 days.

peace .......... !

be good,

40.

oh and as for geoff, whom I've met, he's one of the few directors i have faith in. that's saying something. sir ron, the old buzzard, likes his company report reading over and above much else. know that from yonks back.